Webull Malaysia has officially launched its global trading platform in Malaysia, allowing investors to trade Bursa Securities and Bursa Derivatives, as well as US-listed stocks and exchange-traded funds (ETFs), through its app.
The company shared that it had secured a Capital Markets Services license for dealing in securities and dealing in derivatives from the Securities Commission Malaysia in April.
The Webull Malaysia platform is built on advanced global infrastructure and proprietary technology, providing users with real-time quotes, market information, financial news, industry data, insights, and analyst ratings from trusted sources.
Additionally, the platform features a Shariah indicator to help investors identify Shariah-compliant stocks.
Webull Malaysia also offers educational resources through Webull Learn which includes explainers on investment terminology, best practices, and how-to guides.
Investors can also use Paper Trading, a simulator for practicing trading strategies without real money.
Webull Malaysia is offering competitive brokerage fees with no platform fees. The company is offering zero commission on tradeable Bursa-listed stocks, US-listed stocks, and ETFs for 180 days from opening a Webull Malaysia account to celebrate its launch.
New users can also win five Apple shares through the launch sign-up campaign.
The Webull Malaysia app is available in Bahasa Malaysia and English on the Apple App Store and Google Play Store.
“We are excited to introduce Webull’s technologically advanced digital investment platform to the growing investor community in Malaysia. Our expansion into the country brings equal opportunities for all investors, irrespective of their investment or trading experience.
Making investing more inclusive and accessible to all, Webull Malaysia brings best-in-class tools and information to empower investors of all levels with knowledge and skills to help them make better investment decisions and achieve their investment goals,”
said Kenneth Chan, Chief Executive Officer, Webull Malaysia.